Bitcoin Makes Millionaires Again: 111% More Millionaires Compared to Last Year
The Krypto Magazin reports a significant increase in the number of people worldwide with assets over $1 million in Bitcoins. The total now stands at approximately 85,400 individuals. Experts attribute this rise primarily to the introduction of new ETFs.
Nvidia Quarterly Results Expected, Bitcoin Falls Below $60,000 USD and Burberry Faces FTSE 100 Exit
Krypto Magazin highlights that Nvidia's eagerly awaited quarterly results are on the horizon while Bitcoin has dropped below $60,000 USD. This decline may have unsettled investors. Additionally, Burberry is poised for an exit from the FTSE 100 Index – a key stock index for major British companies.
Bitcoin Crash: Will We See a Bullish Reversal in October?
According to Business Insider Deutschland, Bitcoin fell by around 4.5% within the last 24 hours, dipping below $59,000 USD. However, a leading crypto trader remains optimistic about a massive trend reversal expected in October 2024. Historically, similar phases always ended in October followed by bull markets.
Ripple CTO Outlines Solutions for XRP Scarcity Amid Rising Token Value
"Die heutigen Nachrichten" shares insights from David Schwartz, Ripple’s Chief Technology Officer (CTO), who discussed potential solutions if XRP becomes too scarce due to its rising value, making even tiny fractions too valuable for effective transactions. Despite recent declines in trading activity and volume drops by nearly 39%, large investors continue buying XRP, indicating possible price increases ahead.
Sources:
- Bitcoin macht erneut Millionäre: 111 % mehr Millionäre im Vergleich zum Vorjahr
- Nvidia Quartalszahlen erwartet, Bitcoin fällt unter 60.000 USD und Burberry vor dem FTSE 100 Ausstieg
- Bitcoin Crash: Erwartet uns im Oktober eine bullische Trendwende?
- Ripple CTO zeigt Möglichkeiten für XRP, wenn es für effektive Transaktionen knapp wird
